China Space Official Confounded By SpaceX Price 276
hackingbear writes "Declining to speak for attribution, the Chinese officials from Great Wall Industry, a marketing arm of China Aerospace Science and Technology Corp. (CAST), say they find the published prices on the SpaceX website very low for the services offered, and concede they could not match them with the Long March series of launch vehicles even if it were possible for them to launch satellites with U.S. components in them. According to the SpaceX website, launch on a Falcon 9 — which has an advertised lift capacity of 10,450 kg. (23,000 lb.) — from Cape Canaveral costs $54 million — $59.5 million. If the SpaceX price is real and its quality is proven, both are big IFs, it is remarkable to see that US can beat China in term of price. Between August 1996 and August 2009, the Chinese rockets have achieved 75 consecutive successful launches were conducted, ending with a partial failure in the launch of Palapa-D on August 31, 2009. If we all learn from SpaceX, maybe soon China will outsource from the US."
Re:Reverse outsourcing? No. (Score:5, Funny)
Except that Microsoft spends more on R&D than most other companies combined and often enters markets long before anyone else. (See Smart Phone, MP3 Players, Tablets etc...)